About: anakin

Recent Posts by anakin

Stocks Slide as Home Depot Disappoints and Debt Ceiling Talks Intensify

Stocks experienced a decline on Tuesday, influenced by Home Depot’s underwhelming forecast. The financial market also focused on a crucial meeting between President Joe Biden and congressional leaders regarding the U.S. debt ceiling. The Dow Jones Industrial Average closed below its 50-day average for the first time since March 30, with a drop of 336.46 Continue Reading

Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited

The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its five-day losing streak, gaining 47.98 points (0.14%) and reaching 33,348.60 points. The tech-heavy Nasdaq Composite Continue Reading

Debt Ceiling Negotiations and Economic Data Influence Stock Market, Retail Reports Awaited

The S&P 500 experienced a slight increase at the beginning of the week as traders analyzed ongoing negotiations regarding the debt ceiling. The broader index rose by 0.3% to reach 4,136.28 points. Meanwhile, the Dow Jones Industrial Average ended its five-day losing streak, gaining 47.98 points (0.14%) and reaching 33,348.60 points. The tech-heavy Nasdaq Composite Continue Reading

Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 in Continue Reading

Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing Index | US (15 May)The NY Empire State Manufacturing Index unexpectedly jumped to 10.8 in Continue Reading

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